Marston'S Plc Unsp/Adr (MRTPY) Q4 2024 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:02.954 Good morning, everybody. Thank you for joining us. 00:00:02.954 -- 00:00:07.359 Welcome to the Marston's preliminary results for the financial year ending September 00:00:07.359 -- 00:00:09.121 24. 00:00:09.121 -- 00:00:13.846 My name is Justin Platt, CEO. And with me, I have Hayley Lupino, our CFO. 00:00:13.846 -- 00:00:15.768 We will take you through our results today. 00:00:15.768 -- 00:00:19.512 And we will go through it in the following running order. 00:00:19.512 -- 00:00:22.155 I'll start with some quick headlines. 00:00:22.155 -- 00:00:24.878 Hayley will then talk to the financial results. 00:00:24.878 -- 00:00:28.567 And then I will come back and give some color on our operational progress. 00:00:28.567 -- 00:00:32.433 before wrapping up and taking any questions that you might have. 00:00:32.433 -- 00:00:34.433 24 00:00:34.917 -- 00:00:38.462 has been a really seminal year for our company. 00:00:38.462 -- 00:00:41.527 The sale of our stake in CNBC 00:00:41.527 -- 00:00:46.876 has really enabled us to focus on our sweet spot and build a future as a simplified 00:00:46.876 -- 00:00:50.572 and a focused hospitality business. 00:00:50.572 -- 00:00:55.598 And our results show that we're already making big strides and good progress towards 00:00:55.598 -- 00:01:01.965 that future. The trading has been strong at 4.8% light for light revenue. 00:01:01.965 -- 00:01:06.991 We're ahead of the market. And we've done that while expanding our margins. 00:01:06.991 -- 00:01:12.157 As you know, a key goal for us. Terrific progress at 190 basis 00:01:12.157 -- 00:01:15.339 points versus the prior year. 00:01:15.361 -- 00:01:20.558 And the combination of those things has enabled us to step up our cash flow delivery. 00:01:20.558 -- 00:01:25...